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With the Fed cutting rates for the first time since the financial crisis, there are a lot of monetary policy moves to monitor. You can count on "Fed Watch" to bring you all the latest updates on the economic data shaping central bank policies.
With the Fed cutting rates for the first time since the financial crisis, there are a lot of monetary policy moves to monitor. You can count on "Fed Watch" to bring you all the latest updates on the economic data shaping central bank policies.

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Powell’s Congressional Testimony Spooks Markets

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After recent economic data showed an uptick in inflation, the Head of the Federal Reserve was forced to leave behind the “disinflationary” rhetoric used after the first Federal Open Market Committee Meeting of the year, instead describing inflation as “moderating” while testifying to Congress on the Federal Reserve’s Monetary Policy decisions.